BTC is inside the steep descending channel and tries to come back to the base channel.
the bottom line of the base channel and the top line of the descending channel meet at 37,806.
BTC tries to break out this cross point.
If it can break out, we could see the trend reversal.
If it can't, there would a huge drop down.
the bottom line of the base channel and the top line of the descending channel meet at 37,806.
BTC tries to break out this cross point.
If it can break out, we could see the trend reversal.
If it can't, there would a huge drop down.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.